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How to Seek and Secure Funding for Your New Product Development
April 14, 2021You’ve got a product idea that you’re confident can be a success. You’ve conducted extensive market research, assembled a team of qualified collaborators, and maybe even established proof of concept. But now, you’re faced with what might be your steepest challenge of all: securing funding… Read More
DFM – The Missing Link In the Product Development Chain
March 10, 2021New product development — especially for industrial markets — involves a complex chain of stages or "links" that can be roughly divided into design, engineering, and manufacturing. When companies set about developing a product, they tend to take one of two approaches. One, they'll either… Read More
Don’t Underestimate the Cost Between Prototype and Production
February 17, 2021The first step in turning an idea into an actual product begins with creating a prototype. Because prototyping is an iterative process, it can be far more complex, costly, and lengthy than many companies will bargain. Although it always requires significant investment to bring a… Read More